Corporate News
Angalappan Anandakumar is set to transition from his role as Chief Financial Officer to Managing Director, effective September 1, 2026, pending shareholder approval at the company’s 41st Annual General Meeting. Anandakumar will also serve as an Additional Director starting September 1, 2026. Simultaneously, Gopal Sridharan is resigning as Whole-Time Director, effective September 30, 2026, to pursue other professional interests. The Audit and Stakeholders Relationship Committees have been reconstituted, with Ratnesh Kumar Agrawal serving as Chairman for both, and including Muthusamy Ganeshkumar and Anandakumar as members. Anandakumar’s resignation as CFO is due to his new Managing Director appointment, and both departing directors expressed gratitude in their resignation letters.